Friday, May 20, 2011

Green Energy in Europe as Security : NOT!

Why is it people still believe if you wish hard enough for something it will happen? Global warming and 'green' energy proposals that crush economic recovery seem to be the way politicians want to go even though they know it is a losing agenda.

The mere fact that the facts have been shown global warming as a result of human consumption of petroleum products, doesn't effect the earth temperature, means nothing. The 'experts' that have been vocal have been proven wrong, frauds. They lied!

The bottom line here is 'Global Warming' or climate change is a faith based religion. Those sitting in the pews believe, by faith along, that they are right. And because so many politicians believe this is a good way to get votes, they buy into this fraud. Goodness sakes alive!

The Myth of Green Energy Security
Source: Bjørn Lomborg, "The Myth of Green Energy Security," Project Syndicate, May 17, 2011.

Against the backdrop of the financial crisis, and as public support for climate change policies scrapes new lows in many developed countries, we hear less from leaders about the threat of global warming and more about the supposed economic benefits of climate policies. This shift is hardly surprising, given the increasing number of analyses that demonstrate that current -- unilateral -- climate policies will have virtually no impact on the rise in global temperature, says Bjørn Lomborg, an adjunct professor at Copenhagen Business School.

The European Union offers a classic illustration of this point. Its "20-20-20" climate plan aims to reduce greenhouse gas emissions by 20 percent from 1990 levels by 2020, ensure that renewable energy delivers 20 percent of energy consumption, and cut primary energy use by 20 percent.

An analysis of the costs and benefits of the policy in 2010 by climate economist Richard Tol showed that the annual price tag would be around 210 billion euro (nearly $300 billion).
Running the policy through the RICE climate-economic model reveals that by the end of this century, it will reduce temperature rises by just 0.05 degrees Celsius (0.1 degree Fahrenheit).
Undaunted by the policy's utterly feeble impact on global warming, politicians have declared that the policy will at least enhance the EU's energy security.

In many Western countries, policies are increasingly being wrapped in promises of greater energy security rather than in threats of climate catastrophes. But, because energy security is such a vague concept, these policies are seldom subjected to rigorous scrutiny to determine whether they will live up to politicians' claims, says Lomborg.

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